Hainan RuiZe New Building Material Co (SZSE:002596) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Hainan RuiZe New Building Material Co Change In Inventory?

Hainan RuiZe New Building Material Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Hainan RuiZe New Building Material Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Hainan RuiZe New Building Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥11 Mil. It means Hainan RuiZe New Building Material Co's inventory declined by ¥11 Mil from Dec. 2022 to Dec. 2023 .

Hainan RuiZe New Building Material Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥65 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hainan RuiZe New Building Material Co's Days Inventory for the quarter that ended in Mar. 2024 was 20.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hainan RuiZe New Building Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.39.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hainan RuiZe New Building Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

Hainan RuiZe New Building Material Co Change In Inventory Historical Data

The historical data trend for Hainan RuiZe New Building Material Co's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hainan RuiZe New Building Material Co Change In Inventory Chart

Hainan RuiZe New Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.14

13.43

28.61

65.90

10.69

Hainan RuiZe New Building Material Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hainan RuiZe New Building Material Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Hainan RuiZe New Building Material Co (SZSE:002596) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hainan RuiZe New Building Material Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	64.034	/	281.35	*	365 / 4
	=	20.77

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hainan RuiZe New Building Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	281.35	/	64.034
	=	4.39

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hainan RuiZe New Building Material Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.034	/	351.661
	=	0.18

Hainan RuiZe New Building Material Co Change In Inventory Related Terms

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Hainan RuiZe New Building Material Co (SZSE:002596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hainan RuiZe New Building Material Co Ltd (SZSE:002596) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.488 Yingbin Road, Sanya, CHN, 572011

Website

http://www.hnruize.com

Hainan RuiZe New Building Material Co Ltd is engaged in the manufacturing and sale of concrete, wall materials, and cement. In addition, it is also involved in the landscaping business. The company's products are mainly used in large-scale construction projects, including national, provincial and municipal large-scale urban base facilities, traffic engineering and large-scale residential projects. Geographically the group operates through China.

Executives

Zhang Hai Lin	Director
Yu Qing Chi	Directors, Directors, and Executives
Bai Jing	Independent director
Zhang Yi Lin	Directors, executives
Yi Cheng Zhen	Executives
Chen Hong Zhe	Executives
Yang Zhuang Xu	Supervisors
Gao Xu	Supervisors
Wang Pei Ming	Director

Hainan RuiZe New Building Material Co (SZSE:002596) Headlines

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